| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.4B | $1.4B | -10.4% | -12.2% |
| Op. Income | $388M | $528M | $495M | -26.5% | -21.6% |
| Gross Margin | 71.0% | 74.4% | 73.4% | -3.4pp | -2.4pp |
| Net Margin | 23.2% | 28.7% | 25.4% | -5.4pp | -2.1pp |
| EPS (Diluted) | $0.00 | $0.00 | $0.00 | NaN% | NaN% |
| Free Cash Flow | $250M | $277M | $194M | -9.7% | 28.9% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $354M |
| GROSS PROFIT | $868M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $104M |
| Other Expenses | $376M |
| Operating Expenses | $480M |
| Cost & Expenses | $834M |
| OPERATING INCOME | $388M |
| Interest Income | $0 |
| Interest Expense | $22M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $383M |
| Income Tax Expense | $99M |
| Net Income from Continuing Ops | $284M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $284M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $284M |
| D&A | $191M |
| EBIT | $405M |
| EBITDA | $596M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $354M |
| GROSS PROFIT | $868M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $104M |
| Other Expenses | $376M |
| Operating Expenses | $480M |
| Cost & Expenses | $834M |
| OPERATING INCOME | $388M |
| Interest Income | $0 |
| Interest Expense | $22M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $383M |
| Income Tax Expense | $99M |
| Net Income from Continuing Ops | $284M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $284M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $284M |
| D&A | $191M |
| EBIT | $405M |
| EBITDA | $596M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $284M |
| Depreciation & Amortization | $191M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $8M |
| Other Non-Cash Items | -$19M |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | $453M |
| Capital Expenditure | -$203M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$236M |
| NET CASH FROM INVESTING | -$439M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $250M |
| Net Change in Cash | $14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $40M |
| Short-Term Investments | $0 |
| Net Receivables | $224M |
| Inventory | $0 |
| Other Current Assets | $1.3B |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $8.8B |
| Goodwill | $7.0B |
| Intangible Assets | $95M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $152M |
| TOTAL NON-CURRENT ASSETS | $16.0B |
| TOTAL ASSETS | $17.6B |
| Account Payables | $138M |
| Short-Term Debt | $239M |
| Deferred Revenue | $154M |
| Other Current Liabilities | $336M |
| TOTAL CURRENT LIABILITIES | $882M |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.4B |
| TOTAL NON-CURRENT LIABILITIES | $4.2B |
| TOTAL LIABILITIES | $5.0B |
| Common Stock | $10.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $2.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $12.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $12.5B |
| TOTAL LIABILITIES & EQUITY | $17.6B |
| Total Debt | $1.9B |
| Net Debt | $1.9B |
